CALGARY, April 23 /PRNewswire-FirstCall/ -- Canadian Pacific (TSX/NYSE: CP) will release its first-quarter 2007 financial and operating results at 7:30 a.m. Eastern time (5:30 a.m. Mountain time) on April 24, 2007. CP will discuss its results with analysts and the media in a meeting/conference call/webcast beginning at 11 a.m. Eastern time (9 a.m. Mountain time) on April 24. MEETING The meeting will be held at J.P. Morgan Securities Inc., 270 Park Avenue, New York in Conference Room 11C. If you would like to attend in person, please RSVP via email to . Following the presentation, Canadian Pacific will be hosting a casual lunch. We hope you can join us! CONFERENCE CALL ACCESS Dial-in numbers: 416-644-3414 or 800-733-7560. Callers should dial in 10 minutes prior to the call. A replay of the conference call will be available by phone through May 1, 2007, at 416-640-1917 or 877-289-8525, pass code 21225347 followed by the pound key. WEBCAST Webcast: live via CP's website at http://www.cpr.ca/. To access the Webcast, click on Investors. The Webcast will be archived through May 30, 2007. Canadian Pacific, through the ingenuity of its employees located across Canada and in the United States, remains committed to being the safest, and most fluid railway in North America. Our people are the key to delivering innovative transportation solutions to our customers and to ensuring the safe operation of our trains through the more than 900 communities where we operate. Our combined ingenuity makes CP a better place to work, rail a better way to ship, and North America a better place to live. Come and visit us at http://www.cpr.ca/ to see how we can put our ingenuity to work for you. Canadian Pacific is proud to be the official rail freight services provider for the Vancouver 2010 Olympic and Paralympic Winter Games. DATASOURCE: Canadian Pacific Railway CONTACT: Media: Leslie Pidcock, Tel.: (403) 319-6878, e-mail: ; Investment Community: Janet Weiss, Assistant Vice-President Investor Relations, Tel.: (403) 319-3591, e-mail:

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